12 PM : BTC dipped to $86K.
Lost the $87K support. Testing lower levels now.
Whale activity still quiet compared to last week. Watching if buyers show up here or we go lower. đ
đ Sunday Morning - December 1
Bitcoin at $87,000.
Starting December with some volatility. Here's what I'm tracking.
đ OVERNIGHT MOVE:
Friday closed above $91K. Strong.
Saturday held $90K+. Stable.
Sunday drops to $87K. Down 4% overnight.
Starting the month with a dip. Market breathing.
đ WHAT HAPPENED:
Reports of DeFi platform issues triggered selling.
Asian hours saw the bulk of the move.
Volume spiked. Quick flush down to $87K.
Now finding support around these levels.
đ ACCUMULATION CHECK:
Through this weekend dip, checking wallet patterns.
November ended with heavy outflows from ETFs.
Institutional demand cooled last month.
Watching if accumulation pattern continues or shifts.
Early data: Mixed signals during this dip.
đŻ BIGGER PICTURE:
November: Down 17.5% (worst month since March).
Ended strong though - recovered from $80K to $91K.
Now giving back some gains to start December.
Classic crypto volatility.
đ WHERE WE STAND:
$91K tested â rejected for now.
$87K current support being tested.
$80K below if this doesn't hold.
$90-95K resistance above if we bounce.
December historically mixed for Bitcoin.
đŒ INSTITUTIONAL UPDATE:
November ETF outflows: $3.48 billion (second largest ever).
That's significant selling pressure from institutions.
For December to rally, need those flows to reverse.
Watching closely if demand returns this month.
⥠DECEMBER OUTLOOK:
Starting month with volatility is nothing new.
$87K needs to hold as support.
Break below opens $82-85K retest.
Hold here and bounce back toward $90K+.
Just tracking price action and wallet flows.
Early December often sets tone for rest of month.
Starting December watching charts or taking Sunday off? đ
#Whale.Alert #Bitcoin #BTC #CryptoMarketAlert
Bitcoin at $87,000.
Starting December with some volatility. Here's what I'm tracking.
đ OVERNIGHT MOVE:
Friday closed above $91K. Strong.
Saturday held $90K+. Stable.
Sunday drops to $87K. Down 4% overnight.
Starting the month with a dip. Market breathing.
đ WHAT HAPPENED:
Reports of DeFi platform issues triggered selling.
Asian hours saw the bulk of the move.
Volume spiked. Quick flush down to $87K.
Now finding support around these levels.
đ ACCUMULATION CHECK:
Through this weekend dip, checking wallet patterns.
November ended with heavy outflows from ETFs.
Institutional demand cooled last month.
Watching if accumulation pattern continues or shifts.
Early data: Mixed signals during this dip.
đŻ BIGGER PICTURE:
November: Down 17.5% (worst month since March).
Ended strong though - recovered from $80K to $91K.
Now giving back some gains to start December.
Classic crypto volatility.
đ WHERE WE STAND:
$91K tested â rejected for now.
$87K current support being tested.
$80K below if this doesn't hold.
$90-95K resistance above if we bounce.
December historically mixed for Bitcoin.
đŒ INSTITUTIONAL UPDATE:
November ETF outflows: $3.48 billion (second largest ever).
That's significant selling pressure from institutions.
For December to rally, need those flows to reverse.
Watching closely if demand returns this month.
⥠DECEMBER OUTLOOK:
Starting month with volatility is nothing new.
$87K needs to hold as support.
Break below opens $82-85K retest.
Hold here and bounce back toward $90K+.
Just tracking price action and wallet flows.
Early December often sets tone for rest of month.
Starting December watching charts or taking Sunday off? đ
#Whale.Alert #Bitcoin #BTC #CryptoMarketAlert
Avertissement : comprend des opinions de tiers. Il ne sâagit pas dâun conseil financier. Peut inclure du contenu sponsorisĂ©. Consultez les CG.
BTC
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